Bitcoin, introduced in 2009, initially went unnoticed by many in the world of crypto trading due to its revolutionary technology. It faced skepticism and was labeled as a scam by some. However, over the past fifteen years, the crypto industry…
In a recent analysis, Eric Balchunas from Bloomberg highlighted the role of BlackRock and Bitcoin ETFs in preventing significant declines in BTC. Speculations suggested that BlackRock receives Bitcoin IOUs from Coinbase, potentially using them to short BTC and influence its…
The cryptocurrency market is gearing up for a pivotal week, as speculation mounts over a possible 50 basis point rate cut by the US Federal Reserve. This is a critical juncture not only for the overall financial landscape but also…
Bitcoin’s price surged by 0.34% in the Sunday trading session, demonstrating its ability to stay above the $60000 psychological threshold. This upward momentum is being driven by the accumulation of assets by whales/institutions and the market’s anticipation of a 0.5%…
Financial guru Robert Kiyosaki reaffirms his belief in Bitcoin (BTC) and predicts a potential surge in its price. Known for his bestselling book “Rich Dad Poor Dad,” Kiyosaki explained that Bitcoin, along with precious metals like gold and silver, could…
The attempt by Solana to recover its price was thwarted by resistance at the 200-day Exponential moving average, resulting in a 1.3% decline to $137 today. The inability to sustain the price below this key indicator indicates that the bearish…
The Ethereum ecosystem features numerous second-layer blockchains (L2s) that regularly release large amounts of their native tokens, creating notable selling pressure and potentially causing price declines over time as private investors offload tokens to retail participants. This week, data from…
Bitcoin sentiment has slightly turned bullish following a recent correction, with the price testing the $60,000 psychological resistance. However, an analyst has expressed bearish views on Bitcoin’s price chart and is short on the cryptocurrency. The analyst, Alan Santana, who…
Ex-FTX Digital Market co-CEO Ryan Salame will start serving his prison sentence earlier than planned on Oct 11, as a US court has approved the government’s request to expedite his self-surrender date. The fallout from the FTX collapse resulted in…
Kalshi Inc. has emerged victorious in court in its fight to introduce a $100 million betting market centered around the 2024 U.S. congressional elections. A federal judge sided against the Commodity Futures Trading Commission (CFTC), which had endeavored to block…